Systems Theory and Chaos Theory Management Theories - 1100 Words

Analysis of Systems Theory and Chaos Theory Management Theories (Research Paper Sample) Content: Analysis of Systems Theory and Chaos Theory Management TheoriesNameInstitutionInstructorDateIntroductionOrganization management theories have been advanced to offer explanations and universal guidelines that managers can adopt to improve their effective leadership in their firms. The theories advanced differ in the critical aspects of the organization they focus. Among the business management theories are the chaos theory that focuses on the challenges and possible predictable and unforeseeable occurrences that may influence the industrial operations. On the other hand, systems theory focuses on the entire business operations. It describes how the leaders can improve the overall performance of the business through improvement of the various tasks performed within the industry in relation to the entire business operations (Malinowski,2011). The paper will evaluate the application of the systems and the chaos theory to the loss prevention manager. The review will focus on the development of the two theories for the last two decades and the effect of the changes to the business environment. Finally, the writer will review the manifestation of the role of the management along the key management functions and the best leadership style applicable to a loss prevention manager.Relevance and Application of the Management Theories to my OccupationThe chaos and systems theory are critical to the loss prevention management. The systems theory evaluates the relationship of the various departments within the organization and their effective influence to the entire industrial performance. Understanding of the functions of the various departments and their operations is significant to the loss prevention manager in determining the possible sectors where the organization is at a risk of making a loss. The collective influence of the other sectors to the sector at risk may increase or lower the possibilities of the organization making a loss (Battilana, Gilmartin , Sengul, Pache Alexander, 2010). Therefore, the manager will employ the knowledge about the functionalities and interactions of the various tasks to determine the critical sector at risk and devise corrective measures. On the other hand, the chaos theory reviews the unforeseeable and predictable internal and external changes that can influence the operations of the organization. The theory is significance to the loss prevention manager in determining the possible external changes that may influence the profitability of the organization. The identification of the factors will enable the manager to devise strategies to curb and counter external and internal changes that may influence the firm negatively (Battilana, Gilmartin, Sengul, Pache Alexander, 2010, p. 425)Development of the Management Theories over the Last 20 YearsOver the last 20 years, the chaos and the systems theory have been advanced significantly with business scholars focusing on the areas where they feel are critic al to the industrial operations. The differentiation of the systems focused on has been done about the industrial sector since different organizations have varied factors that are critical to their operations. The systems theory has focused more on the effective application of technology and development of the supply chain for manufacturing and processing industries. The adoption of the current technology has enabled industries to thrive by providing relevant and more accurate predictions and operations. Automated business processes have eliminated the human errors and increased the speed and accuracy of internal operations. On the other hand, the chaos theory has focused more on changes in technology that influences the demand, the nature of the market, and the effective competency of the organization. The focus on the changes in the organization fostered by development in the technology has formed the basics for the current chaos theory (Deshpande, 2012).Influence of the Changes i n the Business EnvironmentThe changes in the chaos and the systems theory have influenced the operations of the businesses significantly. The identification of the supply chain as the leading determinant of the competitiveness of the organization has changed the strategic plans of the organizations from focusing on the external competitors to focus on different value distribution systems. The recognition of technology as the critical determinant of the success of the organization and change instrument has led to the shift in the attention of the managers towards the current technology. The chaos experienced in the organization is significantly fostered by the technological changes and the attempt of the firm to respond to the changes. In that respect, the firms have focused more on technological associated risks and changes that may be applicable to their organizations (Deshpande, 2012, p. 65).Manifestation of the Role of the Management along the key Management FunctionsThe four bas ic management functionalities can be defined as planning, leadership, organizing, and controlling. The firm manager has the responsibility of planning the activities of the business in a timely manner for effective production that will meet the demand and consumer satisfaction. The leader has to control the resources available to the organization to ensure the most cost-effective production methods are employed in the production. In addition, the leader has to provide direction to the organization that will form the critical linkage between all the departments so that they work in harmony towa...